AudioEye: Q1 Earnings Snapshot
Posted May 13, 2021 4:41 pm.
Last Updated May 13, 2021 4:54 pm.
TUCSON, Ariz. (AP) _ AudioEye, Inc. (AEYE) on Thursday reported a loss of $2.8 million in its first quarter.
The Tucson, Arizona-based company said it had a loss of 27 cents per share.
The company posted revenue of $5.8 million in the period.
AudioEye expects full-year revenue in the range of $30 million to $32 million.
AudioEye shares have decreased 30% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.02, more than doubling in the last 12 months.
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The Associated Press
